BHP Explores $2 Billion Chile Asset Sale as It Refocuses Capital on Copper

1 articles · Updated · Bloomberg · Jul 10

$1.5 billion to $2 billion is the estimated value of Chilean assets BHP is weighing for sale, including a desalination plant and electricity transmission lines, according to people familiar with the matter.
The review is part of BHP’s broader push to monetize infrastructure and redirect capital toward its core copper business rather than hold supporting assets on its balance sheet.
Transmission lines could fetch about $1 billion to $1.3 billion, while the desalination plant may be worth roughly $500 million to $700 million.
The process is still early, with valuation, timing and deal structure under discussion, and BHP has not made a final decision and declined to comment.